SAN DIEGO — Affirmed Housing has opened The Orchard at Hilltop, a mixed-use urban infill development in San Diego’s Chollas View neighborhood. The total cost for the development of the project was approximately $54.9 million.
The development was financed in part with HOME Investments Partnerships Grant funds provided to the City of San Diego by the U.S. Department of Housing and Urban Development. Additional financing was provided by Civic Communities, Boston Financial, Boston Capital Finance, Western Alliance Bank, the San Diego Housing Commission, the City of San Diego, the California Tax Credit Allocation Committee and the California Debt Limit Allocation Committee.
The Orchard at Hilltop comprises 113 affordable units for households earning between 30 percent and 60 percent of area median income (AMI) across two four-story buildings and one three-story building. Each building includes laundry facilities and an elevator. Amenities at the development include a community room, pool, recreational lawn, basketball half-court and a playground. The Orchard at Hilltop also offers surface and underground parking for both cars and bicycles, as well as multiple parking spots with EV charging stations.